Neuberger's first tokenized fund opens with two investors and $5.1m
Securitize and Neuberger launched a tokenized high yield credit fund across four blockchains on 18 August, on a fixed income platform the release says oversees more than $230bn.
Asset manager
Apollo Global Management, Inc.
Credit and private equity manager, approximately $1.03tn under management as of 31 March 2026, whose Apollo Diversified Credit Fund is onchain as ACRED, among the first attempts to give tokenized private credit a daily net asset value and a redemption mechanism institutional allocators recognise.
The profile
One of the largest alternative asset managers, with approximately $1.03tn under management as of 31 March 2026 and a business built on credit, private equity and retirement products through Athene. Its Apollo Diversified Credit Fund, which invests across corporate direct lending, asset-backed lending and structured credit, is available onchain as ACRED, tokenized by Securitize across six networks. That vehicle is among the first attempts to give tokenized private credit a daily net asset value and a redemption mechanism institutional allocators recognise.
Products and services
- ACRED
- Tokenized feeder into the Apollo Diversified Credit Fund, issued by Securitize on Aptos, Avalanche, Ethereum, Ink, Polygon and Solana.
Coverage
Developments in which Apollo Global Management, Inc. is a named party, newest first.
On the record
Neuberger becomes subadvisor to a tokenized high yield fund
Securitize and Neuberger launched the Neuberger Securitize High Income Tokenized Fund across Avalanche, Ethereum, Solana and Sui on 18 August 2026. The fund's Form D, filed the same day, records a British Virgin Islands issuer relying on Rule 506(c) and section 3(c)(7), a $100,000 minimum investment, and $5.1m sold to two investors on the date of first sale.